Wah Lee Industrial Corp. · TWSE:3010
Wah Lee Industrial — Q3 2005 Earnings Presentation
13 slides from Wah Lee Industrial's earnings presentation, Oct 24, 2005
Slide 1: Investor Meeting
WAH LEE INDUSTRIAL CORP. Material Pioneer, Technology Navigator INVESTOR MEETING October , 2005 TSE Ticker : 3010 TT http://www.wahlee.com
Slide 2: Agenda
Agenda Agenda 2005 1-3Q Performance Major Events Financial Results 2005 4Q Outlook Product/Industry Trend Q&A Material Pioneer, Technology Navigator 1
Slide 3: 2005 1-3Q Major Events
2005 1-3Q Major Events • As the growing concern on environment preservation, Wah Lee’s environmental friendly high-end engineering plastics have been widely adopted by customers and can be applied in wide variety of computer and communication products. • As semiconductor customers shift more product
Slide 4: 2005 1-3Q Financial Results
2005 1-3Q Financial Results Material Pioneer, Technology Navigator 3
Slide 5: Sales Breakdown by Industry - Parent only
Sales Breakdown by Industry - Parent only Others 2005 10% Semi PCB / MB 30% 11% FPD 17% C/C Jan.-Sep. 2004 32% Jan.-Sep. 2005 Others PCB/MB 8% Others Semi PCB/MB 13% 29% 7% Semi 10% 29% FPD 17% FPD 22% C/C 33% C/C Material Pioneer, Technology Navigator 32% 4
Slide 6: Sales Breakdown by Industry - Consolidated
Sales Breakdown Consolidated by Industry Sales Breakdown by Industry- Parent and China Subsidiaries Jan.-Sep. 2004 Jan.-Sep. 2005 Others Others 9% Semi 8% Semi PCB/MB PCB/MB 23% 25% 11% 12% FPD FPD 15% 17% C/C C/C 40% 40% Material Pioneer, Technology Navigator 5
Slide 7: Sales Growth by Industry
Sales Growth by Industry NT$ million Jan.-Sep. 2005 YOY Jan.-Sep. 2005 YOY Wah Lee Growth Taiwan and China Growth Taiwan SEMI 2,364 15.1% 2,529 18.8% FPD 1,807 47.4% 1,917 55.2% C/C 2,640 12.7% 4,457 30.8% PCB 811 -9.8% 1,216 22.0% Others 668 8.6% 927 31.7% Total 8,290 16.2% 11,046 30.4% Material Pi
Slide 8: Financial Results of Jan.-Sep. 2005
Financial Results of Jan.-Sep. 2005 Unit: NT$ million 2005Q2 YoY 2005Q3 QoQ YoY Jan.-Sep. YoY 2005 CPA Growth CPA Growth Growth CPA Growth Jan.-Sep. Audited % Audited % % Audited % A/F % Net Sales 2,822 13.4% 2,922 3.5% 15.0% 8,290 16.2% 103.9% Gross Profit 421 7.3% 435 3.2% 7.6% 1,224 7.0% 106.6% G
Slide 9: Financial Indicators
Financial Indicators 2003 2004 3Q 2005 Current Ratio 176.51% 145.48% * 162.32% Quick Ratio 140.14% 106.99% * 126.80% Net Debt/Equity 9.4% 17.0% 8.1% A/R days 112.14 109.12 106.21 Inventory days 51.50 48.13 43.80 Operating cashflow 81,274 515,291 427,000 (NT$K) Op. cashflow/Op. 12.6% 65.2% 66.0% inco
Slide 10: Long Term Investments
Long Term Investments Unit: NT$ thousand 2005 Jan.-Sep. Long-term Holding Features Product Lines (Wah Lee’s Investments % Share) Product Semiconductor packaging and Chang Wah Electromaterials Extension in test materials 37.79 106,055 Inc. Local Markets Nagase Wah Lee Plastics GE engineering plastic
Slide 11: 2005 4Q Outlook
2005 4Q Outlook Material Pioneer, Technology Navigator 10
Slide 12: Product / Industry Trend
Product / Industry Trend • Wah Lee expects its sales from environmental protection high-end engineering plastics will still grow in 2006. • As the demand for higher end raw materials used in the more advanced manufacturing process continues to rise, Wah Lee expects its 4Q’05 sales of Cu Slurry to gr
Slide 13: Contact
http://www.wahlee.com [email protected] Material Pioneer, Technology Navigator 12